$115,000

3700 Bush River Road J8, Columbia, SC 29210

  • 2 beds |
  • 2 baths |
  • 950 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $121/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investor Alert: Add a high-performing, fully furnished mid-term rental to your portfolio with minimal effort and immediate returns. This 2-bedroom condo is a hands-off, income-generating gem. Highlights: Fully Operational Since March 2025 with Mid-Term Guests in place through January 2026Turnkey Sale – Includes all furniture, décor, linens, appliances, plus washer and dryer; unit also has a new HVAC & new water heater. Minimal Management thanks to extended stays from insurance placements and corporate guests; Mid-Term Rental Friendly – HOA requires 30-day minimum stays. Gross income from March–July: $7,751; Annualized income projection: $23,254; Cap Rate (Cash Purchase): 14.48 Note: This unit was previously appraised for less due to comps from downtown units with inferior finishes, environment, and income potential. Cash buyers are preferred due to this appraisal mismatch. This is a true plug-and-play investment in a stable, high-demand rental niche with great returns and low turnover. An additional unit in the same complex has been fully operational since January and demonstrates the same great returns. It is also available for purchase. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Listing Status:
Active
Date Added:
June 13, 2025 at 12:00AM
Listing Office:
Home Advantage Realty : 803-567-5300
Listing Agent:
Steve Tackett :
MLS ID:
610882
  • Master Bedroom: Closet-His & HerBath-SharedCeiling FanFloors-Luxury Vinyl PlankSecond
  • Dining: Area
  • Living Room: Floors-Luxury Vinyl Plank
  • Laundry: ClosetHeated Space
  • Basement: No Basement
  • A/C: Heat Pump 1st LvlHeat Pump 2nd Lvl
  • Heating: Heat Pump 1st LvlHeat Pump 2nd Lvl
  • Fireplace: Fireplaces: 0

This listing courtesy of Steve Tackett, Home Advantage Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Seven Oaks Elementary School

2800 Ashland Rd, Columbia, SC, 29210

Grades PK-5

1.20 miles away

I

Irmo Middle School

6051 Wescott Rd, Columbia, SC, 29212

Grades 7-8

2.57 miles away

I

Irmo High School

6671 Saint Andrews Rd, Columbia, SC, 29212

Grades 9-12

2.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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